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Ondo Finance, Clearstream and 360X said on April 15 they have partnered to link tokenized securities issued on public blockchains with regulated European market infrastructure. The first phase is already live on 360X, according to the joint announcement from Deutsche Börse. The initial launch includes 10 Ondo tokenized stocks and ETFs — Apple, Amazon, Circle, Alphabet, Meta, Microsoft, Nvidia, Tesla, SPY and QQQ. A later phase will connect Ondo tokenized assets to Clearstream's custody, settlement, post-trade and collateral infrastructure, 360X confirmed.
Institutional access only
This is not a retail launch. Broker-dealers and institutional investors across Europe can access and trade the listed tokenized securities on 360X. That matches 360X's access model — the venue is available to professional investors and operates under German and EU permissions including an MTF and DLT-MTF framework, supervised by BaFin and the Deutsche Bundesbank.
Three layers in one stack
What makes this different from most tokenization announcements is that it presents issuance, trading, and post-trade as a single operating stack rather than three separate deals. Clearstream already runs its D7 DLT platform for issuance and management of tokenized securities. 360X has been running regulated digital bond and tokenized equities trading — including the Siemens digital bond secondary-market transaction in 2025 and xStocks listings in February 2026. Ondo, meanwhile, said earlier this year that Ondo Global Markets had secured approval to offer tokenized stocks and ETFs across 30 countries in the EU and EEA.
What is live today, and what is not
Live today: 10 Ondo tokenized stocks and ETFs tradable on 360X for institutional clients. Not live: Clearstream's custody, settlement, and collateral integration. That is identified as a later phase. 360X's site also still states that non-professional retail clients are excluded from its current trading infrastructure.
For issuers and platforms working on regulated European distribution of tokenized securities, this is a concrete template: public blockchain issuance, regulated DLT-MTF trading, and post-trade integration with an established CSD on the roadmap.
